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Chinese authorities have instructed domestic firms to cease using cybersecurity software from U.S. and Israeli companies, citing national security concerns. Notable firms affected include VMware, Palo Alto Networks, and Fortinet from the U.S., and Check Point Software from Israel. The directive, issued recently, reflects China's efforts to replace Western technology amid rising tensions with the U.S. and concerns over potential foreign hacking. The Cyberspace Administration of China and the Ministry of Industry and Information Technology have not commented on the matter.
ChatGPT predicts Okta stock may reach $121.94 by late March, driven by improving margins and strong demand for identity security. The stock has seen recent gains amid a tech rally, reflecting a recovery from past challenges. The AI model indicates a positive outlook, with potential for further growth, while Okta's focus on Zero Trust security architectures supports its market position. Analysts maintain a Strong Buy rating, with some projecting prices into the high $150s if Okta retains its market share.
Booz Allen Hamilton has partnered with Andreessen Horowitz to enhance technology for U.S. government missions. As the first a16z Technology Acceleration Partner for Governments, Booz Allen will work with a16z portfolio companies to expedite technology deployment in national security and civilian services. The partnership aims to help growth-stage tech firms bring products to market faster and co-develop solutions while addressing emerging government needs.
CACI International Inc has been awarded a five-year task order worth up to $416 million to support the U.S. Navy’s Naval Sea Systems Command. This contract aims to modernize the Navy's IT systems, enhancing operational efficiency and ship readiness. CACI will utilize its expertise in Industry 4.0 technologies and Agile software development to transition legacy systems to a cloud-first solution. The award reflects CACI's long-standing relationship with the Navy and commitment to national security.
Okta Inc. showcased its partner-first strategy at the Oktane 2025 Summit, emphasizing the importance of a strong ecosystem in the complex digital identity landscape. CEO Todd McKinnon announced new financial and strategic investments aimed at helping partners scale their impact, including expanded training and certification programs. The company reiterated that partners are essential to navigating evolving identity challenges.
